Harvard Professor Niall Ferguson is apologizing after remarks he made that the economic philosophies of John Maynard Keynes are flawed because Keynes was gay and not uninterested in procreation or future generations.Read Full Story
Niall Ferguson: College Becoming the New Caste System Higher education is becoming the new caste system. School is in the air. It is the time of year when millions of apprehensive young people are crammed into their parents’ cars along with all their worldly gadgets and driven off to college. The rest of the world looks on with envy. American universities are the best in the world—22 out of the world’s top 30, according to the Graduate School of Education at Shanghai Jiao Tong University...Read Full Story
Niall Ferguson Protector of the CityI've been listening to the second Reith Lecture on BBC Radio 4, The Darwinian economy, by Prof Niall Ferguson, summarised here.This is my comment:Niall Ferguson's central thesis is that deregulation of banks did not cause the crash. However, he needs to establish this thesis in face of the work of David Moss at Harvard Business School.His key finding is expressed in a graph here:It relates income inequality measured as share of income held by the top 10% of...Read Full Story
Niall Ferguson: The Cure for Our Economy’s Stationary State Adam Smith knew what ails us—and he prescribed the cure. Jesse L. Jackson Jr. has been suffering from “a mood disorder.”He is not alone. The world economy may not be in a depression as bad as that of the early 1930s. But it’s certainly got emotional problems. A year ago, according to Gallup, economic confidence in the United States plunged, touching bottom in late August. It then rallied, only to start sliding again with the...Read Full Story
Niall Ferguson: 'The left love being provoked by me ... they think I'm a reactionary imperialist scumbag' The controversial historian on how political debate in England is trapped in the 80s, why Americans love him – and his refusal to forgive people who cross him Decca Aitkenhead 'I'm completely unforgiving' . . . Niall Ferguson Photograph: Christian Sinibaldi The first thing everyone always says about Niall Ferguson is that he's far too glamorous to be an academic. So the...Read Full Story
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